Skip to content
AriolView
Search markets

Market directory

Find a market

US strategy and Europe demand are separate rankings.

Explore with evidence.Esc to close
Portfolio demo · sample data captured Sep 24, 2026 · no live updates

Market · US metro

Asheville, NC

NC · US

Typical home value (ZHVI)Observed

$426,217

as of

Evidence receipt

Metro

Data provided by Zillow

Short-term rental

34DData-quality grade D: Heavily modeled, aging, or incomplete inputs.

Rank #12

RestrictedScore capped due to restrictions

Long-term rental

37BData-quality grade B: Complete inputs with minor gaps or one modeled component.

Rank #535

Appreciation

29BData-quality grade B: Complete inputs with minor gaps or one modeled component.

Rank #836

Data-quality grade

How complete, fresh, and directly-sourced this score’s inputs are — not a judgment of the market itself.

AFull, fresh, directly-observed inputs.BComplete inputs with minor gaps or one modeled component.CUsable inputs with a modeled or aging component.DHeavily modeled, aging, or incomplete inputs.
data release published oldest critical input as of Sampleinput source checks recorded by Sample legal statusRestricted

△ Score capped in this release.

Legal information in the sample

Short-term rentals are restricted. Review the official jurisdiction-level rules.

Last verification recorded in this sample: Sep 6, 2026.

Official sources and jurisdiction dates →

Short-term rental contribution

Derived · methodology 1.3.0 · 0–100 score points

Modeled gross yield proxy 27.46 + Regulation friendliness 6.67 + Saturation (inverted) 0

34.13 before half-even rounding → 34 published.

Cap flag separate: ceiling 69. It did not reduce this factor sum.

Weights and source basis

Present base weights total 75%. Each effective weight equals its base weight divided by that total. Missing factors are unavailable, never zero.

Modeled gross yield proxy
Base 40%. Effective 53.33% × normalized 51.49 / 100 = 27.46 points. Measured yield: 7.3%.
Regulation friendliness
Base 20%. Effective 26.67% × normalized 25 / 100 = 6.67 points.
Demand growth (modeled)
Base 15%. No normalized factor recorded; its weight is redistributed over present factors.
Saturation (inverted)
Base 15%. Effective 20% × normalized 0 / 100 = 0 points.
Tourism (country, optional)
Base 10%. No normalized factor recorded; its weight is redistributed over present factors.

Yield population: multi-property operators. Source periods remain on the evidence receipts.

Long-term rental contribution

Derived · methodology 1.3.0 · 0–100 score points

Gross rent yield 9.34 + Job growth 14.86 + Population growth 2.31 + Property-tax drag (inverted) 10.58

37.09 before half-even rounding → 37 published.

Weights and source basis

Present base weights total 85%. Each effective weight equals its base weight divided by that total. Missing factors are unavailable, never zero.

Gross rent yield
Base 45%. Effective 52.94% × normalized 17.64 / 100 = 9.34 points. Measured yield: 4.7%.
Job growth
Base 20%. Effective 23.53% × normalized 63.14 / 100 = 14.86 points.
Landlord friendliness
Base 15%. No normalized factor recorded; its weight is redistributed over present factors.
Population growth
Base 10%. Effective 11.76% × normalized 19.67 / 100 = 2.31 points.
Property-tax drag (inverted)
Base 10%. Effective 11.76% × normalized 89.89 / 100 = 10.58 points.

Appreciation contribution

Derived · methodology 1.3.0 · 0–100 score points

1-yr price momentum 0 + 5-yr price CAGR 10.88 + Inventory tightness 3 + Affordability headroom 5.41 + Job growth 9.5

28.8 before half-even rounding → 29 published.

Weights and source basis

Present base weights total 100%. Each effective weight equals its base weight divided by that total. Missing factors are unavailable, never zero.

1-yr price momentum
Base 25%. Effective 25% × normalized 0 / 100 = 0 points.
5-yr price CAGR
Base 20%. Effective 20% × normalized 54.4 / 100 = 10.88 points.
Inventory tightness
Base 20%. Effective 20% × normalized 15.02 / 100 = 3 points.
Affordability headroom
Base 20%. Effective 20% × normalized 27.07 / 100 = 5.41 points.
Job growth
Base 15%. Effective 15% × normalized 63.36 / 100 = 9.5 points.

Scores use their published cohort and methodology. Historical score and formula comparison is unavailable.

A verified metro outline is not available for this profile.

Metro boundary unavailable.

Neighborhoods

No neighborhood profiles are in this sample for this market.

Show the math — Short-term rental

Sub-score breakdown

Every factor below carries its base weight, its normalized 0–100 value, and the raw pinned inputs it was computed from. Effective weights are renormalized over present factors, as shown in the contribution explanation above.

Score capped due to restrictions

Modeled gross yield proxyDerived

Base weight 40%

7.3%51

Average daily rate (multi-property operators): $306 · modeled · as of Jun 25, 2026Modeled occupancy (multi-property operators): 27.9% · modeled · as of Jun 25, 2026Typical home value (ZHVI): $426,217 · observed · as of Jul 31, 2026

Regulation friendlinessCurated

Base weight 20%

25

Computed from the regulation badge this release’s score run captured — the sample research badge may differ (see the regulation card below for its recorded date).

Restricted

Saturation (inverted)Derived

Base weight 15%

0

Multi-property operator listings: 1,145 · observed · as of Jun 25, 2026Population: 414,711 people · observed · as of Dec 31, 2024

Show the math — Long-term rental

Sub-score breakdown

Every factor below carries its base weight, its normalized 0–100 value, and the raw pinned inputs it was computed from. Effective weights are renormalized over present factors, as shown in the contribution explanation above.

Gross rent yieldDerived

Base weight 45%

4.7%18

Typical asking rent (ZORI): $1,686/mo · observed · as of Jul 31, 2026Typical home value (ZHVI): $426,217 · observed · as of Jul 31, 2026

Job growthDerived

Base weight 20%

63

Job growth (YoY): 0.4% · derived · as of Jul 31, 2026

Population growthDerived

Base weight 10%

20

Population growth (YoY): -0.1% · derived · as of Jul 1, 2025

Property-tax drag (inverted)Derived

Base weight 10%

90

Property-tax drag: 0.5% · derived · as of Dec 31, 2024

Show the math — Appreciation

Sub-score breakdown

Every factor below carries its base weight, its normalized 0–100 value, and the raw pinned inputs it was computed from. Effective weights are renormalized over present factors, as shown in the contribution explanation above.

1-yr price momentumDerived

Base weight 25%

0

1-yr price momentum (ZHVI YoY): -3.4% · derived · as of Jul 31, 2026

5-yr price CAGRDerived

Base weight 20%

54

5-yr price CAGR (ZHVI): 3.6% · derived · as of Jul 31, 2026

Inventory tightnessDerived

Base weight 20%

15

For-sale inventory: 3,809 · observed · as of Jul 31, 2026Housing units: 203,883 · observed · as of Dec 31, 2024Median days to pending: 45 days · observed · as of Jul 31, 2026

Affordability headroomDerived

Base weight 20%

27

Typical home value (ZHVI): $426,217 · observed · as of Jul 31, 2026Median household income: $71,838 · observed · as of Dec 31, 2024

Job growthDerived

Base weight 15%

63

Job growth (YoY): 0.4% · derived · as of Jul 31, 2026

Sample profile from a frozen AriolView data snapshot. Figures are historical and do not update automatically.

Receipts

Observed, modeled, derived, curated or estimated — every value keeps its type, source, scope and date.

Market Passport · 01

Price and liquidity

Typical home value (ZHVI)Observed

$426,217

as of

Evidence receipt

Metro

Data provided by Zillow

1-yr price momentum (ZHVI YoY)Derived

-3.4%

as of

Evidence receipt

Metro

Data provided by Zillow

5-yr price CAGR (ZHVI)Derived

3.6%

as of

Evidence receipt

Metro

Data provided by Zillow

House price index (FHFA, all-transactions)Observed

522.3 (1995 Q1 = 100)

as of

Evidence receipt

Metro

FHFA House Price Index (all-transactions, NSA)

1-yr price momentum (FHFA)Derived

1.4%

as of

Evidence receipt

Metro

FHFA House Price Index (all-transactions, NSA)

5-yr price CAGR (FHFA)Derived

7.8%

as of

Evidence receipt

Metro

FHFA House Price Index (all-transactions, NSA)

For-sale inventoryObserved

3,809

as of

Evidence receipt

Metro

Data provided by Zillow

Median days to pendingObserved

45 days

as of

Evidence receipt

Metro

Data provided by Zillow

12 values unavailable · show reasons

zhvi typical home value, bottom tier

Not available in this release.

zhvi typical home value, top tier

Not available in this release.

zhvi typical home value, studio

Not available in this release.

zhvi typical home value, 1 bedroom

Not available in this release.

zhvi typical home value, 2 bedrooms

Not available in this release.

zhvi typical home value, 3 bedrooms

Not available in this release.

zhvi typical home value, 4 bedrooms

Not available in this release.

zhvi typical home value, 5+ bedrooms

Not available in this release.

new listings count

Not available in this release.

listings price cut share pct

Not available in this release.

median sale to list ratio

Not available in this release.

sales count

Not available in this release.

Market Passport · 02

Rental economics

Typical asking rent (ZORI)Observed

$1,686/mo

as of

Evidence receipt

Metro

Data provided by Zillow

Median gross rent (ACS)Observed

$1,296/mo

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Vacancy rateDerived

20.9%

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Renter shareDerived

30.4%

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Modeled average daily rateModeled

$238

as of

Evidence receipt

Metro

Inside Airbnb

Modeled occupancyModeled

39.3%

as of

Evidence receipt

Metro

Inside Airbnb

Active short-term-rental listingsObserved

2,599

as of

Evidence receipt

Metro

Inside Airbnb

STR reviews per monthModeled

5,157.7/mo

as of

Evidence receipt

Metro

Inside Airbnb

ADR sample sizeDerived

2,374

as of

Evidence receipt

Metro

Inside Airbnb

10 values unavailable · show reasons

hud fmr monthly rent, studio

Not available in this release.

hud fmr monthly rent, 1 bedroom

Not available in this release.

hud fmr monthly rent, 2 bedrooms

Not available in this release.

hud fmr monthly rent, 3 bedrooms

Not available in this release.

hud fmr monthly rent, 4 bedrooms

Not available in this release.

str review velocity growth

Not available in this release.

platform guest nights

Not available in this release.

platform stays

Not available in this release.

platform nights rented

Not available in this release.

platform guest nights yoy pct

Not available in this release.

Market Passport · 03

Demand engine

Population (Census estimate)Observed

422,345 people

as of

Evidence receipt

Metro

U.S. Census Bureau, Population Estimates Program

Population growth (YoY)Derived

-0.1%

as of

Evidence receipt

Metro

U.S. Census Bureau, Population Estimates Program

Domestic migration rate (per 1,000)Derived

-1.7 per 1,000

as of

Evidence receipt

Metro

U.S. Census Bureau, Population Estimates Program

Domestic migrationObserved

-734 people

as of

Evidence receipt

Metro

U.S. Census Bureau, Population Estimates Program

International migrationObserved

1,171 people

as of

Evidence receipt

Metro

U.S. Census Bureau, Population Estimates Program

Natural changeObserved

-1,057 people

as of

Evidence receipt

Metro

U.S. Census Bureau, Population Estimates Program

Net migration (returns)Derived

1,738

as of

Evidence receipt

County aggregate

IRS Statistics of Income, Migration Data

Net migration (individuals)Derived

2,421

as of

Evidence receipt

County aggregate

IRS Statistics of Income, Migration Data

Net migration (AGI)Derived

$352,705,000

as of

Evidence receipt

County aggregate

IRS Statistics of Income, Migration Data

Inbound AGI per returnDerived

$84,539

as of

Evidence receipt

County aggregate

IRS Statistics of Income, Migration Data

Outbound AGI per returnDerived

$68,388

as of

Evidence receipt

County aggregate

IRS Statistics of Income, Migration Data

Average annual pay (QCEW)Observed

$60,080

as of

Evidence receipt

Metro

U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages

Scope note: QCEW annual area C1170 did not publish usable private-sector industry detail for this metric.

Pay growth (YoY)Observed

4.7%

as of

Evidence receipt

Metro

U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages

Scope note: QCEW annual area C1170 did not publish usable private-sector industry detail for this metric.

Covered employment (QCEW)Observed

182,909

as of

Evidence receipt

Metro

U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages

Scope note: QCEW annual area C1170 did not publish usable private-sector industry detail for this metric.

Job growth (YoY)Derived

0.4%

as of

Evidence receipt

Metro

U.S. Bureau of Labor Statistics

5 values unavailable · show reasons

qcew industry hhi

Not available in this release.

qcew top sector share pct

Not available in this release.

qcew top sector code

Not available in this release.

tourism arrivals country

Not available in this release.

tourism arrivals yoy pct

Not available in this release.

Market Passport · 04

Future supply

Units authorized (annual)Observed

3,238

as of

Evidence receipt

County aggregate

U.S. Census Bureau, Building Permits Survey

Units authorized (annual), 1-unitObserved

1,795

as of

Evidence receipt

County aggregate

U.S. Census Bureau, Building Permits Survey

Units authorized (annual), 2–4 unitsObserved

18

as of

Evidence receipt

County aggregate

U.S. Census Bureau, Building Permits Survey

Units authorized (annual), 5+ unitsObserved

1,425

as of

Evidence receipt

County aggregate

U.S. Census Bureau, Building Permits Survey

Units authorized (trailing 12 months)Derived

4,794

as of

Evidence receipt

County aggregate

U.S. Census Bureau, Building Permits Survey

Units authorized per 1,000 housing unitsDerived

15.9 per 1,000

as of

Evidence receipt

County aggregate

U.S. Census Bureau, Building Permits Survey

Median year builtObserved

1990

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Units by bedrooms, studioDerived

6.2%

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Units by bedrooms, 1 bedroomDerived

5.8%

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Units by bedrooms, 2 bedroomsDerived

27.3%

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Units by bedrooms, 3 bedroomsDerived

45.8%

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Units by bedrooms, 4 bedroomsDerived

12.0%

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Units by bedrooms, 5+ bedroomsDerived

2.9%

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Market Passport · 05

Ownership costs

Property-tax dragDerived

0.5%

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

Median real-estate taxesObserved

$2,016/yr

as of

Evidence receipt

Metro

U.S. Census Bureau, American Community Survey

1 values unavailable · show reasons

Insurance cost

Not available — No public market-level insurance-cost dataset exists.

Market Passport · 06

Risk

FEMA National Risk Index values are modeled county aggregates and are not suitable for site-specific or individual-level decisions.

10 values unavailable · show reasons

nri eal building ratio

Not available — FEMA National Risk Index not available (artifact pending).

nri eal building ratio rfld

Not available — FEMA National Risk Index not available (artifact pending).

nri eal building ratio cfld

Not available — FEMA National Risk Index not available (artifact pending).

nri eal building ratio hrcn

Not available — FEMA National Risk Index not available (artifact pending).

nri eal building ratio wfir

Not available — FEMA National Risk Index not available (artifact pending).

nri eal building ratio trnd

Not available — FEMA National Risk Index not available (artifact pending).

nri eal building ratio erqk

Not available — FEMA National Risk Index not available (artifact pending).

nri sovi score

Not available — FEMA National Risk Index not available (artifact pending).

nri resl score

Not available — FEMA National Risk Index not available (artifact pending).

qcew industry hhi

Not available in this release.

Price & rent history

Trends

Typical home value (ZHVI)

Observedlast sample point Jul 31, 2026

Typical home value (ZHVI) trend, 36 periods from Aug 31, 2023 to Jul 31, 2026, last sample point $426,217. Key points are keyboard-focusable for their exact value; the full series is also in the table below.
Aug 31, 2023
View as table
Typical home value (ZHVI) history, 36 periods
Period endValue
Aug 31, 2023$426,454
Sep 30, 2023$429,140
Oct 31, 2023$431,439
Nov 30, 2023$433,590
Dec 31, 2023$434,829
Jan 31, 2024$435,641
Feb 29, 2024$436,297
Mar 31, 2024$438,005
Apr 30, 2024$440,260
May 31, 2024$442,476
Jun 30, 2024$443,641
Jul 31, 2024$444,314
Aug 31, 2024$444,884
Sep 30, 2024$445,937
Oct 31, 2024$447,321
Nov 30, 2024$448,169
Dec 31, 2024$448,992
Jan 31, 2025$449,424
Feb 28, 2025$449,555
Mar 31, 2025$448,555
Apr 30, 2025$446,904
May 31, 2025$445,141
Jun 30, 2025$443,197
Jul 31, 2025$441,313
Aug 31, 2025$439,309
Sep 30, 2025$437,851
Oct 31, 2025$436,590
Nov 30, 2025$435,297
Dec 31, 2025$433,783
Jan 31, 2026$432,457
Feb 28, 2026$431,396
Mar 31, 2026$430,849
Apr 30, 2026$430,017
May 31, 2026$429,035
Jun 30, 2026$427,581
Jul 31, 2026$426,217

Typical asking rent (ZORI)

Observedlast sample point Jul 31, 2026

Typical asking rent (ZORI) trend, 36 periods from Aug 31, 2023 to Jul 31, 2026, last sample point $1,686/mo. Key points are keyboard-focusable for their exact value; the full series is also in the table below.
Aug 31, 2023
View as table
Typical asking rent (ZORI) history, 36 periods
Period endValue
Aug 31, 2023$1,640/mo
Sep 30, 2023$1,644/mo
Oct 31, 2023$1,648/mo
Nov 30, 2023$1,654/mo
Dec 31, 2023$1,654/mo
Jan 31, 2024$1,658/mo
Feb 29, 2024$1,666/mo
Mar 31, 2024$1,675/mo
Apr 30, 2024$1,683/mo
May 31, 2024$1,687/mo
Jun 30, 2024$1,695/mo
Jul 31, 2024$1,699/mo
Aug 31, 2024$1,703/mo
Sep 30, 2024$1,702/mo
Oct 31, 2024$1,704/mo
Nov 30, 2024$1,702/mo
Dec 31, 2024$1,694/mo
Jan 31, 2025$1,686/mo
Feb 28, 2025$1,684/mo
Mar 31, 2025$1,680/mo
Apr 30, 2025$1,676/mo
May 31, 2025$1,669/mo
Jun 30, 2025$1,669/mo
Jul 31, 2025$1,672/mo
Aug 31, 2025$1,673/mo
Sep 30, 2025$1,674/mo
Oct 31, 2025$1,672/mo
Nov 30, 2025$1,672/mo
Dec 31, 2025$1,680/mo
Jan 31, 2026$1,684/mo
Feb 28, 2026$1,685/mo
Mar 31, 2026$1,683/mo
Apr 30, 2026$1,684/mo
May 31, 2026$1,688/mo
Jun 30, 2026$1,688/mo
Jul 31, 2026$1,686/mo

Short-term rental

STR market data

Operating short-term listingsObserved

2,215

as of
Active short-term-rental listingsObserved

2,599

as of
STR reviews per monthModeled

5,157.7/mo

as of
ADR sample sizeDerived

2,374

as of

Who is renting here

A split by operator, not by platform — Inside Airbnb is the only short-term-rental supply source behind these figures. Occupancy is modeled from reviews in the trailing twelve months, never observed. This market's STR score is scored on multi-property operators.

Multi-property operators

Modeled

Whole homes whose host runs two or more of them in this market.

Listings
1,145
Average daily rate
$306
Modeled occupancy
27.9%
as of

Single-property hosts

Modeled

Whole homes whose host runs exactly one here.

Listings
1,070
Average daily rate
$219
Modeled occupancy
30.7%
as of

A further 290 whole-home listings require stays of 28 nights or more and are excluded from every figure above. They are monthly rentals, priced as monthly rentals, and counting them understates this market’s short-term rates.

Regulation

Short-term-rental regulation status

This badge records the legal research included in the frozen sample. A U.S. STR score may use the badge captured at its scoring release; see “show the math” for the badge used in that score. Check official sources before acting.

Restrictedlast verification in sample

v1 mixed proxy: mixed if two jurisdictions' current candidates differ by ≥2 steps on banned>restricted>permit_required>friendly; else the stricter. Proposed facts are recorded, not current-state. Current: Asheville (municipality) restricted whole_dwelling_stvr_zoning; Asheville (municipality) permit_required homestay_permit. Proposals: none. Excluded scope-mismatched facts: none. Active coverage blockers: none.

Asheville

Municipality · Homestay Permit · Permit Required

Owner-occupied homestays in residentially zoned dwellings require a City of Asheville homestay permit and annual renewal; limited to one to two bedrooms rented for less than 30 days.

verified Official source →

Asheville

Municipality · Whole Dwelling Stvr Zoning · Restricted

Renting an entire dwelling for less than a month is a short-term vacation rental (STVR) and is only permitted in the resort zoning district.

verified Official source →
page reflects data release published